It’s Bitcoin’s Market - For Now
The market has cooled, and in a cooling market, capital retreats to Bitcoin.
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The market has cooled, and in a cooling market, capital retreats to Bitcoin.
Long-term data clearly indicates that the crypto bear market is over. The current moves are pullbacks within an uptrend.
You’d think TradFi investors would be more excited about Bitcoin, given that Nasdaq remains the most-talked-about theme while Bitcoin is stepping back up.
Bitcoin and the leading tokens have done well in recent weeks. Perhaps Uptober came early.
Bitcoin is performing during a potential bond crisis. Many stocks are struggling with bond yields at a 20-year high. Crypto is dancing.
Bitcoin ETF flows have picked up, but if you think this represents an institutional scramble for BTC, you ain't seen nothing yet.